Raw Material Product Alpha6 Zeta7 X442 2.0 kilos. Y661 Sintering Standard Labor Time Finishing 3.4 liters 0.20 hours 0.80 hours 4.0 kilos 5.0 liters 0.25 hours 0.90 hours Information relating to materials purchased and materials used in production during Ma Purchase Cost Material X442 Purchases 15,900 kilos Y661 16,900 liters. $ 55,650 $ 23,660 Standard Price $ 3.30 per kilo Used in Production 10,400 kilos $ 1.50 per liter 15,800 liters The following additional information is available: a. The company recognizes price variances when materials are purchased. b. The standard labor rate is $22.00 per hour in Sintering and $20.50 per hour in Finishin c. During May, 1,300 direct labor-hours were worked in Sintering at a total labor cost of $ worked in Finishing at a total labor cost of $68,400. d. Production during May was 2,500 Alpha6s and 1.400 Zeta7s.